Acharya, Viral V; Eisert, Tim; Eufinger, Christian; … - C.E.P.R. Discussion Papers - 2014
This paper shows that the sovereign debt crisis and the resulting credit crunch in the periphery of the Eurozone lead to negative real effects for borrowing firms. Using a hand matched sample of loan information from Dealscan and accounting information from Amadeus, we show that firms with a...